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Simpson: Financial critics just a bunch of ‘jerks’

Simpson: Financial critics just a bunch of ‘jerks’

Any fiscal plan that fails to tackle military spending, Medicare, Medicaid and Social Security is “a sparrow’s belch in the midst of a typhoon,” a chairman of a presidential deficit-reduction…

Obama tries to make peace with business community

Obama tries to make peace with business community

When President Barack Obama named Gene Sperling as his chief economic adviser, two of Sperling’s early calls went to AFL-CIO President Richard Trumka and U.S. Chamber of Commerce President Thomas…

Republicans launch risky gamble on budgets

Republicans launch risky gamble on budgets

The Republican drive to cut spending, which begins in earnest this week, marks a political gamble that the public’s hunger for smaller government will trump its appetite for benefits, subsidies…

Lawmaker wants betteer shoreline protection

Lawmaker wants betteer shoreline protection

In the wake of an historic blizzard that shut down Chicago’s lakefront highway, Illinois’ senators asked federal officials on Sunday to discuss ways to better protect the city’s shoreline. “This…

Republicans going easy on budget cuts

Republicans going easy on budget cuts

Republicans now running the House are barely touching Congress’ own generous budget even as they take a cleaver to many domestic agencies. A new GOP proposal would reduce domestic agencies’…

Kerry encouraged by Egyptian events

Kerry encouraged by Egyptian events

Senate Foreign Relations Committee Chairman John Kerry said on Sunday he’s encouraged by what he described as the rapid and dramatic series of events toward a new Egypt without President…

Obama-McCain feud drifts into history

Obama-McCain feud drifts into history

President Barack Obama and Republican Senator John McCain, bitter rivals from the 2008 election campaign whose feud festered for two years, completed a thaw on Wednesday when they sat down…

Threatening note to Mike Delph: ‘It should have been you’

Threatening note to Mike Delph: ‘It should have been you’

Indiana State Sen. Mike Delph has received an e-mail saying the man suspected of shooting U.S. Rep. Gabrielle Giffords should have instead targeted someone like him. The Indiana Senate has…

Senator: Pentagon paid billions to ‘fraudsters’

Senator: Pentagon paid billions to ‘fraudsters’

The US military paid 285 billion dollars over three years to hundreds of military contractors that defrauded the Pentagon over the same stretch of time, a US senator charged Wednesday.…

Judge uses Obama’s own words to strike down health care reform law

Judge uses Obama’s own words to strike down health care reform law

A federal judge in Florida struck down President Barack Obama‘s landmark healthcare overhaul as unconstitutional on Monday in the biggest legal challenge yet to federal authority to enact the law.…